Stories from the shocking, unauthorized expose about Ray Dalio and Bridgewater Associates have circulated far and wide since it was published earlier this month.
In the book, The Fund, New York Times reporter Rob Copeland delves into Bridgewater’s increasingly disappointing returns as it scaled to be the largest hedge fund in the world. But the meat of the story is in its depiction of the company’s culture: one that, per the book, was allegedly roiled with widespread surveillance and public humiliation. One of the most damning scenes comes at the very beginning, when Dalio chewed out one of his senior executives, who was pregnant at the time, on video as she wept, then sent it out to all employees and showed it to potential job candidates.
